# true or false answers to my question

Asked May 15, 2012, 04:55 PM —
Galileo was the 1st astronomer to see solar prominences

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True or False 1. It takes longer than eight years to retire a \$24,000 loan at 8% if the annual payment is \$3,000. (T) 2. An annuity of \$100 for ten years is currently less valuable if interest rates are 10% instead of 12%. (F) 3. If a person buys a stock for \$10 and sells it after ten years...

It takes longer than eight years to retire a \$24,000 loan at 8% if the annual payment is \$3,000. True ￼ 2. An annuity of \$100 for ten years is currently less valuable if interest rates are 10% instead of 12%. False￼ 3. If a person buys a stock for \$10 and sells it after ten years for \$20,...